Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investorsBankman-Fried, 32, was convicted in November of fraud and conspiracy - a dramatic fall from a year earlier when he and his companies seemed...
28 Mar, 2024, 10.18 AM IST
The hot new market in crypto? Trading FTX’s carcass.After the FTX cryptocurrency exchange filed for bankruptcy last year, Thomas Braziel, an investor who specializes in collapsed businesses, ...
21 Dec, 2023, 09.28 AM IST
The hot new market in crypto? Trading FTX's carcassThe initial despair over FTX's failure has given way to a strange afterlife for the bankrupt exchange: a trading frenzy that has intensifie...
20 Dec, 2023, 11.38 PM IST
Silicon Valley shrugs off Sam Bankman-Fried's trialThe apathy may have had many reasons, including that FTX's downfall has been well covered by two books, a documentary and multiple podcasts...
03 Nov, 2023, 09.17 AM IST
Who's rooting hardest for a Sam Bankman-Fried conviction?Eleven months after FTX's implosion sent an already declining cryptocurrency market into a doom spiral, Bankman-Fried's trial is set to reo...
02 Oct, 2023, 06.01 PM IST
Venom, Iceberg set up $1 billion fund to invest in blockchain firms amid crypto winterThe fund, called Venom Ventures Fund (VVF), aims to invest in early-stage startups focused on payments, asset management, banking services ...
11 Jan, 2023, 10.03 PM IST
FTX founder Sam Bankman-Fried to testify before US House panelThe chair of the House of Representatives Committee on Financial Services, Maxine Waters, said she was prepared to subpoena Bankman-Fried i...
10 Dec, 2022, 08.32 AM IST
The crypto industry struggles for a way forwardExecutives who just a year ago were reveling amid crypto's seemingly unstoppable growth are now scrambling to prove that they can learn fro...
06 Dec, 2022, 09.53 AM IST
The crypto industry struggles for a way forwardLast month, the actions of a single crypto firm - the $32 billion exchange FTX - plunged the emerging industry into its own version of a 20...
05 Dec, 2022, 07.01 PM IST
How decentralised is the decentralised world of cryptoAn arguably better approach for retail users affected would be for them to go back to the first principles of blockchain technology – to ha...
03 Dec, 2022, 02.32 PM IST
Crypto Price Today: Bitcoin marches to $17k; Solna tanks 3%, XRP gains 2%Bitcoin traded sideways above the $16,800 level. It is trading near the two-year low price zone. It is likely to extend losses till the low...
18 Nov, 2022, 11.08 AM IST
FTX in touch with regulators, may have 1 million creditors, say filingsFTX's filing to a U.S. bankruptcy court, published late on Monday in the United States, said it was in contact with financial regulators an...
15 Nov, 2022, 04.32 PM IST
Crypto Price Today Live: Bitcoin marches to $17K; Solana, XRP & Uniswap rally up to 13%Barring the US dollar-pegged stablecoins and Tron, all other top crypto tokens were up. Solana rallied 13% and XRP gained 11%. Uniswap and ...
15 Nov, 2022, 11.14 AM IST
Regulators circle FTX as rival exchanges try to calm investorsThe implosion of FTX, once a darling of the crypto industry with a $32 billion valuation as of January, has spurred investigations by the U...
15 Nov, 2022, 07.58 AM IST
Crypto Price Today Live: Bitcoin breaches $17K; Solana, Dogecoin, Shiba Inu & XRP drop up to 12%Cryptocurrency exchange Binance has stopped accepting deposits of FTX's FTT token on its platform, its chief executive Changpeng Zhao said ...
14 Nov, 2022, 01.26 PM IST
How Sam Bankman-Fried fooled the crypto world and maybe even himselfThe ties between FTX and Alameda are at the heart of Bankman-Fried’s downfall. The US Securities and Exchange Commission is investigating h...
12 Nov, 2022, 01.01 PM IST
ETtech Explainer: FTX’s collapse jolts crypto, raises monopoly fearsIf Binance acquires FTX, it will be bigger in terms of volume than the other eight biggest crypto exchanges combined and control an estimat...
09 Nov, 2022, 07.55 PM IST